CrowdStrike Acquires Identity Security Firm SGNL for $740 Million

CrowdStrike, a leader in cloud-native cybersecurity, has announced its strategic acquisition of SGNL, an emerging identity management startup, for approximately $740 million. This move underscores CrowdStrike’s commitment to fortifying its defenses against the escalating sophistication of cyber threats fueled by artificial intelligence.

The acquisition is poised to significantly enhance the capabilities of CrowdStrike’s Falcon platform, enabling customers to more effectively manage human and AI-driven identity access requests and mitigate real-time risks. The transaction is anticipated to be finalized in the first quarter of CrowdStrike’s 2027 fiscal year.

“This acquisition presents a significant opportunity for our customers to bolster their security posture and for CrowdStrike to make substantial inroads into the identity market,” stated George Kurtz, CEO of CrowdStrike, in an exclusive interview. He further elaborated that this integration will solidify CrowdStrike’s position in the multi-billion dollar identity security sector, a critical area that has seen substantial growth and emerged as a prime attack vector.

The increasing prevalence of AI in cyberattacks has prompted organizations to prioritize and strengthen their identity security measures. Recent high-profile incidents, such as the attacks on Microsoft’s SharePoint and the documented AI-led cyberattack against Anthropic, highlight the evolving threat landscape.

SGNL, based in Palo Alto, California, had previously secured $30 million in early-stage funding, with notable investors including Cisco Investments and Microsoft’s Venture Fund. The company was co-founded in 2021 by Scott Kriz and Erik Gustavson, who bring a wealth of experience from their previous venture, which was acquired by Google in 2017. Both founders were key figures at Google for over four years, bringing deep expertise in identity and security solutions.

This acquisition aligns with a broader trend in the cybersecurity industry, where companies are actively pursuing strategic mergers and acquisitions to expand their service offerings and maintain a competitive edge in a rapidly evolving market. Businesses are increasingly adopting autonomous, AI-powered solutions to manage their cybersecurity tools more efficiently.

Competitors have also been active in the M&A space. Last year, Palo Alto Networks acquired Israeli startup CyberArk for $25 billion, and Google invested $32 billion in cloud security startup Wiz. CrowdStrike itself has made strategic moves in 2025, announcing plans to acquire the AI agentic security platform Pangea and the Spanish data startup Onum.

Kurtz emphasized CrowdStrike’s acquisition strategy: “Our approach is to acquire innovative teams and technologies that complement our existing strengths, rather than focusing on legacy solutions. We aim to deliver maximum value to our customers by enabling them to consolidate their security stack with CrowdStrike, reducing vendor complexity and costs while ultimately achieving superior breach prevention.”